Veterinary Rapid Test Market: By Product, By Application, By Animal Type, and Geography  

Veterinary Rapid Test Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product (Rapid Test Kit and Rapid Test Readers), By Application (On-Trade (Viral, Bacterial, Parasite, and Allergies), By Animal Type (Companion Animals and Livestock Animals), and Region  

Veterinary Rapid Test Market size is valued at US$ 672.07 million in 2022 and poised to grow at significant CAGR of 8.2% from 2023-2029. The rising prevalence of infectious diseases in companion animals, such as parasite infections and the influenza virus, will drive demand for veterinary quick testing even higher. Animal injuries are becoming more common, animal healthcare costs are rising, and pet adoption is on the rise all over the world, accelerating industry growth. However, high veterinary treatment expenses may limit the growth of the veterinary quick tests market over the forecast period. Due to technical developments in quick test kits, the rapid test kits category is expected to hold a considerable revenue share. During the projection period, a surge in demand for fast test kits, such as ELISA kits, tumour marker test kits, allergy test kits, and others, will drive revenue growth. Simple, cost-effective, and simple-to-use quick tests are now available. Over the next few years, kits that allow for the rapid identification of medical disorders will become more popular.

Global Veterinary Rapid Test Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

8.2%

Largest Market

Asia-Pacific

Fastest Growing Market

Europe

Veterinary Rapid Test Market Dynamics

Increase in prevalence of zoonotic diseases in urbanized and emerging economies are expected to surge demand for rapid diagnostic tests of diseases is anticipated to fuel the growth of the market. For instance, according International Livestock Research, zoonotic diseases are the main problems in the path out of poverty for one billion livestock caretakers. There is growing demand for effective test kits and other products is projected to boost the growth of the market over the future years.

Global Veterinary Rapid Test Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2022

US$ 672.07 million

Market CAGR

8.2%

By Product Type

  • Rapid Test Kit
  • Rapid Test Readers

By Distribution Channel

  • Viral
  • Bacterial
  • Parasite
  • Allergies

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa (MEA)

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startups details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis in addition to recent technology advancements and innovations in the market

 

 

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Frequently Asked Questions

2023 is the base year and 2029 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

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Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

Table of Content

  1. Executive Summary
  2. Global Veterinary Rapid Test Market Introduction
    • Global Veterinary Rapid Test Market Taxonomy
    • Global Veterinary Rapid Test Market Definitions
      • Product
      • Animal Type
      • Application
  1. Global Veterinary Rapid Test Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Veterinary Rapid Test Market Dynamic Factors - Impact Analysis
    • Global Veterinary Rapid Test Market Competition Landscape
  2. Global Veterinary Rapid Test Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
    • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Veterinary Rapid Test Market, By Product, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Rapid Test Readers
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Rapid Test Kits
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Veterinary Rapid Test Market Forecast, By Animal Type, 2018 - 2022 and Forecast, 2023 - 2029
    • Livestock Animals
      • Swine
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Cattle
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Poultry
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Other Livestock Animals
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Companion Animals
        • Dogs
          • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
          • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
          • Market Opportunity Analysis
        • Horses
          • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
          • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
          • Market Opportunity Analysis
        • Cats
          • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
          • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
          • Market Opportunity Analysis
        • Other Companion Animals
          • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
          • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
          • Market Opportunity Analysis
  1. Global Veterinary Rapid Test Market Forecast, By Application, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Bacterial Diseases
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Allergies
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Parasitic Diseases
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Viral Diseases
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Other Applications
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Veterinary Rapid Test Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Veterinary Rapid Test Market - Opportunity Analysis Index, By Product, Animal Type, Application and Region, 2023 - 2029
  2. North America Veterinary Rapid Test Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Product Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Rapid Test Readers
      • Rapid Test Kits
    • Animal Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Livestock Animals
        • Swine
        • Cattle
        • Poultry
        • Other Livestock Animals
      • Companion Animals
        • Dogs
        • Horses
        • Cats
        • Other Companion Animals
      • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Bacterial Diseases
        • Allergies
        • Parasitic Diseases
        • Viral Diseases
        • Other Applications
      • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
        • US
        • Canada
      • North America Veterinary Rapid Test Market - Opportunity Analysis Index, By Product, Animal Type, Application and Country, 2023 - 2029
      • North America Veterinary Rapid Test Market Dynamics Trends
  1. Europe Veterinary Rapid Test Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Product Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Rapid Test Readers
      • Rapid Test Kits
    • Animal Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Livestock Animals
        • Swine
        • Cattle
        • Poultry
        • Other Livestock Animals
      • Companion Animals
        • Dogs
        • Horses
        • Cats
        • Other Companion Animals
      • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Bacterial Diseases
        • Allergies
        • Parasitic Diseases
        • Viral Diseases
        • Other Applications
      • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
        • Germany
        • UK
        • France
        • Spain
        • Italy
        • Russia
        • Poland
        • Rest of Europe
      • Europe Veterinary Rapid Test Market - Opportunity Analysis Index, By Product, Animal Type, Application and Country, 2023 - 2029
      • Europe Veterinary Rapid Test Market Dynamics Trends
  1. Asia-Pacific Veterinary Rapid Test Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Product Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Rapid Test Readers
      • Rapid Test Kits
    • Animal Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Livestock Animals
        • Swine
        • Cattle
        • Poultry
        • Other Livestock Animals
      • Companion Animals
        • Dogs
        • Horses
        • Cats
        • Other Companion Animals
      • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Bacterial Diseases
        • Allergies
        • Parasitic Diseases
        • Viral Diseases
        • Other Applications
      • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
        • Japan
        • China
        • India
        • ASEAN
        • Australia & New Zealand
        • Rest of Asia-Pacific
      • Asia-Pacific Veterinary Rapid Test Market - Opportunity Analysis Index, By Product, Animal Type, Application and Country, 2023 - 2029
      • Asia-Pacific Veterinary Rapid Test Market Dynamics Trends
  1. Latin America Veterinary Rapid Test Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Product Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Rapid Test Readers
      • Rapid Test Kits
    • Animal Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Livestock Animals
        • Swine
        • Cattle
        • Poultry
        • Other Livestock Animals
      • Companion Animals
        • Dogs
        • Horses
        • Cats
        • Other Companion Animals
      • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Bacterial Diseases
        • Allergies
        • Parasitic Diseases
        • Viral Diseases
        • Other Applications
      • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
      • Latin America Veterinary Rapid Test Market - Opportunity Analysis Index, By Product, Animal Type, Application and Country, 2023 - 2029
      • Latin America Veterinary Rapid Test Market Dynamics Trends
  1. Middle East and Africa Veterinary Rapid Test Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Product Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Rapid Test Readers
      • Rapid Test Kits
    • Animal Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Livestock Animals
        • Swine
        • Cattle
        • Poultry
        • Other Livestock Animals
      • Companion Animals
        • Dogs
        • Horses
        • Cats
        • Other Companion Animals
      • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Bacterial Diseases
        • Allergies
        • Parasitic Diseases
        • Viral Diseases
        • Other Applications
      • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
        • Gulf Cooperation Council (GCC) Countries
        • Israel
        • South Africa
        • Rest of MEA
      • MEA Veterinary Rapid Test Market - Opportunity Analysis Index, By Product, Animal Type, Application and Country, 2023 - 2029
      • MEA Veterinary Rapid Test Market Dynamics Trends
  1. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Product & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Zoetis Inc. (US)
      • IDEXX Laboratories Inc. (US)
      • Heska Corporation (US)
      • Biopanda Reagents Ltd. (UK)
      • Fassisi GmbH (Germany)
      • Virbac (France)
      • (South Korea)
      • SWISSAVANS AG (Switzerland)
      • MEGACOR Diagnostik GmbH (Austria)
      • Woodley Equipment Company (UK).
  1. Research Methodology
  2. Key Assumptions and Acronyms

Key Market Players

  • Zoetis, Inc.
  • Heska Corporation
  • Fassisi GmbH
  • Virbac
  • IDEXX Laboratories, Inc.
  • Biopanda Reagents Ltd.
  • SWISSAVANS AG
  • BioNote, Inc.
  • MEGACOR Diagnostik GmbH
  • Woodley Equipment Company

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